Designer Genes

  Market Scorecard US markets surged, and the Dollar weakened when the Federal Reserve's Chairman, Jerome Powell announced that US interest rates are near neutral. What that means in plain language is interest rates won't rise as quickly as expected. Bringing back the unofficial slogan of central banks globally, lower for longer. Remember how our … Continue reading Designer Genes

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Inflation Temptation?

  Market Scorecard Stats South Africa released inflation data yesterday, which showed that prices in October 2018 were 5.1% higher than a year earlier. The main contributors were a fuel price increase of 22.8%, electricity hikes of 7.7% and water increasing by 11.1%. Wow! Some things did get cheaper, thankfully. According to the statisticians these … Continue reading Inflation Temptation?